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ORDINANCE NS-2161 Page 2 ~1 9 $~CTION 2: That section 21-72 of the Santa Ana Municipal Code is hereby amended to read as follows: Sec. 21-72 · Term of license; new; annual and quarterly. (a) Ail new annual licenses issued and based upon a flat rate shall be for the period of time remaining in the twelve month period beginning January first of the current year and shall expire on the thirty-first day of December of the current year; provided, however, that all new annual licenses issued between December first of the current year and December thirty-first of the current year shall be for the period of the month of December of the current year as well as the entire period of the following twelve months ending on December thirty-first. (b) Ail new annual licenses issued and based upon a variable flat rate shall be for the period of time remaining in the twelve month period beginning July first of the current year and shall expire on the thirtieth day of June of the following year; provided, however, that all new annual licenses issued between May first of the current year and May thirty-first of the current year shall be for the period of the month of May of the current year as well as the entire period of the following twelve months ending June thirtieth. (c) Ail new annual licenses issued and based upon gross receipts shall be for the period of time remaining in the twelve month period beginning April first of the current year and shall expire on the thirty-first day of March of the following year; provided, however, that all new annual licenses issued between March first of the current year and March thirty-first of the current year shall be for the period of time in the month of March of the current year as well as the entire period of the following twelve months ending March thirty-first. (d) All new quarterly licenses issued shall be for the time remaining in the individual quarter.